PANGSAPURI ORKID MEWAH FASA 2

PANGSAPURI ORKID MEWAH FASA 2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 195.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 195K, with most transactions falling within a stable range of RM 190K to RM 200K, and a typical market range of RM 190K to RM 200K.

Most transactions involved flats, with moderate diversity in property types available.

For price per square foot, the median is RM 195, with most transactions between RM 190 and RM 200. The usual range is RM 182.75 to RM 207.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.